About Us | Contact Us
View Cart

DDoS Attacks on US Banks Continue

By Vigilize | Tuesday, October 23, 2012 - Leave a Comment

Iran blamed for recent DDoS attacks on Capital One, SunTrust, and Regions Financial

A continuing series of attacks against major U.S. banking websites added three more to the list of victims last week. Capital One, SunTrust, and Regions Financial became part of the ever growing list of Wall Street financial institutions who have encountered the distributed denial-of-service (DDoS) attacks against their websites. Earlier this year, Bank of America, JPMorgan Chase, and Wells Fargo were hit by the attacks which caused significant disruptions.

Despite the scale of the DDoS attacks, no customer data has been compromised. Still, some customers criticize the banks for their failure to restore their websites in a timely fashion. The question still remains, though; who was responsible? Many are pointing the finger at Iran.

A hactivist group known as the Cyber Fighters of Izz ad-din Alr qassam has stepped forward to take credit for the attacks. They claim the attacks were meant to protest the controversial “Innocence of Muslims” film which appears to mock the founder of Islam. However, inaccuracies in the group’s statements have led others to continue the search.

U.S. government officials have recently stated that they were able to trace the attacks back to a small group of Iranian information security specialists. The group of fewer than 100 is based in Iranian universities and technology companies. It is unclear whether the Iranian government was backing the group, but U.S. officials emphasize that the group had some form of substantial backing.


Original article by Mathew J. Schwartz.
Read the full story here.

Latest News
    Our Lead Non-Technical Auditor takes a look at the new AIO Guidance… Architecture, Infrastructure, and Operations (AIO) is the latest booklet released by the Federal Financial Institutions Examination Council (FFIEC) in their line of  IT Examination Handbooks. It is an update to their 2004 Operations booklet and, as the name implies, expands into the areas […]
    Another awareness poster for YOUR customers (and users).  Now that we have our own employees aware, maybe it’s time to start posting content for our customers! Download the large versions here: Awareness Poster (Portrait) Awareness Poster (Landscape)   You are welcome to print out and distribute this around your office. Interested in one of ours […]
    Many organizations still fail to consider the unique risks posed by cloud computing… An article review. Last month thousands of Western Digital MyCloud device owners learned about the risks of cloud-based solutions the hard way: their data had been wiped remotely due to a flaw in the internet-facing component of their external hard drives. While […]
    infotex does not use Kaseya… We are protecting our Clients! Another blog post meant to inspire thought about IT Governance . . . . To all infotex managed security service Clients: As you may be aware there was a large ransomware attack recently that leveraged a remote management tool called Kaseya that is used by many […]
    While we’re not a news service, we often use current events to comment on trends and our services. This blog is intended to get people thinking about topics and trends in Technology Risk Management, through our article reviews, as well as through original blog articles about current events and our MSSP services (such as our […]
    PRESS RELEASE – FOR IMMEDIATE RELEASE BUSINESS NEWS Dan Hadaway and Sara Fultz co-wrote an article in the Spring 2021 issue of the Ohio Record, the Official Magazine of the Ohio Bankers League.  Find out on page 20 and 21 of the magazine how tabletop testing strengthens bank cybersecurity. You can read the article here! […]
    You’ve heard it from every MSSP you’ve met: the definition of a SIEM is in the eye of the beholder. But at infotex, we are not talking about the database – an asset whose definition is continuously evolving. We’re talking about the way three teams collaborate in an overall Technology Risk Monitoring process. And whether […]
    After the large number of high-profile breaches in the recent months, it is easy to become disconcerted about how to prevent such things from happening to your Bank. The answer to preventing a breach is a very complex one. infotex will explore this with you! The heightened level of awareness and extra protective tendencies that […]
    A follow-up on Dan’s 2008 Password Manifesto On the NIST Publication on Digital Identity Guidelines Another one of those Dan’s New Leaf Posts, meant to inspire thought about IT Governance . . . . In June 2017, NIST released a special publication on digital identity, NIST SP 800-63, that is starting to get the attention […]
    Another awareness poster for YOUR customers (and users).  Now that we have our own employees aware, maybe it’s time to start posting content for our customers! Download the large versions here: Awareness Poster (Portrait) Awareness Poster (Landscape)   You are welcome to print out and distribute this around your office. Interested in one of ours […]